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The EGX30 rose 2.0% at today’s close on turnover of EGP 3.58 bn (47.7% above the 90-day average). Regional investors were net sellers. The index is up 58.2% YTD.
In the green: Beltone Financial Holding (+8.8%), Qalaa Holding (+5.0%) and EFG Holding (+4.9%).
In the red: Mopco (-1.6%), Oriental Weavers (-0.9%) and Alexandria Mineral Oils Company (-0.7%).
Israel’s Arkia shifts some flights to Egypt as airspace tightens…
Plus: Incolease taps securitization market with debut EGP 2 bn…
PE and VC-backed companies were already pivoting to local exchanges…
Telda claims users can sell a position and immediately spend…
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